Property Details
About this Property
ACTUAL 9.0 GRM/7.0% CAP RATE. PRO FORMA 7.8 GRM/8.7% CAP RATE! This 5 unit property is comprised of two separate buildings totaling 4,430sf in size. In the rear is a large 1,198sf home built in 1980 with 3 bed/1 bath. The front building was built in 1910 and is approx. 3,232sf in size comprised of (4) 1/1 units that are each 808sf. One unit is delivered vacant and in rent ready condition allowing for immediately occupancy.This property allows potential for an owner-occupier to live in one or more of the units. Or, a savvy investor can maximize rents and even utilizeSection 8 to create immense equity & cash flow. On a 6,127sf lot zoned RD1.5, this property is well located in Los Angeles near Downtown, CryptoArena, & close proximity to USC, Koreatown, and the 110 freeway. Located off 110 Freeway in Pico-Union close to Downtown, LA Live, CryptoArena, Koreatown, USC, Local Parks, & tons of Restaurants & Shops.
MLS Listing Information
MLS #
CROC25157492
MLS Source
California Regional MLS
Days on Site
3
Interior Features
Appliances
Garbage Disposal, Oven Range - Gas
Flooring
Laminate
Cooling
None
Heating
Wall Furnace
Exterior Features
Roof
Composition
Foundation
Raised
Parking, School, and Other Information
Garage/Parking
Other, Garage: 0 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 4 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1631 W 11th Pl is a Residential Income in Los Angeles, CA 90015. This – square foot property sits on a 6,127 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $925,000 and was built in 1910. This address can also be written as 1631 W 11th Pl, Los Angeles, CA 90015.
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This listing information is up-to-date as of July 15, 2025. For the most current information, please contact Brian Noh, (213) 804-7647
